Why Apollo Commercial Real Estate Finance (NYSE:ARI) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $16.75 on Apollo Commercial Real Estate Finance (NYSE:ARI) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $2.32 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Apollo Commercial Real Estate Finance (NYSE:ARI) stands at 17.55.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Apollo Commercial Real Estate F, the PEG ratio for coming 3-5 years is 0.00.

Technical Analysis

The technical analysis highlights that Apollo Commercial Real Estate F current is trading $-0.03 points away or -0.16% from its 50-day moving average of $16.26. Further it is trading $0.13 or +0.84% away its 200-day moving average of $16.10.

The 52-week high of Apollo Commercial Real Estate Finance (NYSE:ARI) was $18.25 while lowest point recorded in 52-week was $12.92. It implies if stock price makes a movement of over $-2.02, it will record a new 52-week high. In the case of +25.62% drop, it will touch a new 52-week low.

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